APX

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47.0¢ appen limited

Capitalism, that's another joke, printing endless amounts of...

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breadwinner1

620 Posts.

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22/01/24

08:37

Post #: 71991534
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Originally posted by FreeFromStyle: ↑

Let's analyze the math: Microsoft's CapX has impressively increased by US$1.5T, or AUD$2.2Trillion with a T, equivalent to $2,200Billion with a B or $2,200,000Million with a M. Effectively, this means Microsoft's value has soared by 22,000 times the current CapX of APX, valued at AUD$100M and its done so in just 18 months.

Here is a crowd of 20,000 => now imagine everyone sitting there represents an AUD$100M company the size of APX.

This collective represents the magnitude of Microsoft's increase in CapX – and that's just considering Microsoft alone. To fully grasp the extent of Microsoft's CapX, envision a packed Etihad Stadium. Moreover, to represent the global surge in CapX, attributable to the proactive investment sentiment towards AI, one would have to fill not just the MCG and SCG but every major stadium in Australia.

So, in response to your assertion that Microsoft is misdirecting its efforts by partnering with OpenAI, and the claim that a nascent teenager startup with a 'pure' AI model will eclipse established software giants: The current AI boom is distinct in nature from the dot.com bubble. It seems you're mixing up the dynamics of a genuine boom with those of a speculative bubble (like the hypothetical dogshit.com soaring from 10 cents to $1 in a month). In fact, it appears there's some confusion on your part regarding the foundational principles of capitalism. Oh, and regarding your focus on APX's 90% value loss during this same period, it's important to remember that the broader market trend doesn't revolve around APX.

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Capitalism, that's another joke, printing endless amounts of money to benefit the rich is not capitalism.
All this been fueled by exponential debt left for future generations, is greed in it's finest.

APX Price at posting: 46.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 47.0¢		Change -0.020(4.08%)		Mkt cap ! $104.5M

Open	High	Low	Value	Volume
48.5¢	49.5¢	47.0¢	$1.169M	2.448M

Buyers (Bids)

No.	Vol.	Price($)
8	119772	47.0¢

Sellers (Offers)

Price($)	Vol.	No.
48.0¢	2110	3

View Market Depth

No.	Vol.	Price($)
3	37175	0.470
3	10577	0.465
9	62111	0.460
3	90000	0.455
13	174344	0.450

Price($)	Vol.	No.
0.480	2110	3
0.485	358134	8
0.490	10799	1
0.495	11822	2
0.500	33992	7

Last trade - 16.10pm 28/06/2024 (20 minute delay)

APX (ASX) Chart

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